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Aminoglycosides Market Growth, Trends & Forecast 2025 | Top key players - Pfizer Inc, Vega Pharma Ltd., Teva Pharmaceuticals USA, Inc.
The Global Aminoglycosides Market reached USD 1,636.4 million in 2022 and is projected to witness lucrative growth by reaching up to USD 2,202.2 million by 2030. The global aminoglycosides market is expected to exhibit a CAGR of 3.8% during the forecast period (2024-2031).Aminoglycosides Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.
The Aminoglycosides Market refers to the global demand and supply of a class of antibiotics used to treat serious bacterial infections. These antibiotics, including drugs like gentamicin and tobramycin, are commonly prescribed for respiratory, urinary, and bloodstream infections. The market is driven by rising antibiotic resistance, increasing healthcare needs, and ongoing research into novel treatments.
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Market opportunities and Growth Drivers:
The Growing Geriatric Population will Drive the Global Aminoglycosides Market Growth.
As the global population continues to age, the immune systems of older individuals are expected to weaken, making them more vulnerable to illnesses. On top of that, chronic conditions commonly found in older adults-like diabetes, cancer, and heart disease-can further increase their risk of infection. This makes aminoglycosides, which are frequently used to treat bacterial infections in older populations, a crucial part of healthcare. As the geriatric population grows, the demand for these antibiotics is expected to rise.
For instance, according to a 2022 report from the World Health Organization (WHO), by 2030, one in every six people worldwide will be aged 60 or older. The number of people in this age group is projected to grow from 1 billion in 2020 to 1.4 billion by 2030. By 2050, this number will more than triple, reaching around 2.1 billion. Given these trends, the increasing global geriatric population is set to significantly drive the demand for aminoglycosides over the forecast period.
Aminoglycosides Market Recent Development:
In May 2022, Cerament G, a resorbable bone graft substitute that elutes gentamicin, received approval from the U.S. Food and Drug Administration (FDA). It is designed for use as a bone void filler in skeletally mature patients, serving as an adjunct to systemic antibiotic therapy and surgical debridement in the treatment of osteomyelitis.
In April 2023, Cipla USA Inc. acquired the prescription medication ZEMDRI (Plazomicin) from Achaogen Inc. through a Chapter 11 US Bankruptcy Code auction. Cipla now holds the worldwide rights to ZEMDRI, excluding Greater China, along with its associated assets and minimal liabilities.
List of the Key Players in the Aminoglycosides Market:
Pfizer Inc, Vega Pharma Ltd., Teva Pharmaceuticals USA, Inc., Huvepharma, Cipla Limited, Medson Pharmaceuticals. Medico Remedies Pvt. Ltd, Zoetis, AstraZeneca, and Kremoint Pharma Pvt. Ltd., among others.
Research Process:
Both primary and secondary data sources have been used in the global Aminoglycosides Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Aminoglycosides Market:
By Product Type: Neomycin, Tobramycin, Gentamicin, Amikacin, Paromomycin, Streptomycin, Kanamycin and Others.
By Route of Administration: Injectables, Feed, Intra-mammary, Topical and Oral.
By Application: Veterinary, Skin Infection, Respiratory diseases, UTI & Pelvic Diseases and Other Diseases.
Regional Analysis for Aminoglycosides Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
People Also Ask:
Most Frequently Asked Questions in the Aminoglycosides Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Aminoglycosides market?
➠ Who are the top manufacturers in the global Aminoglycosides industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Aminoglycosides market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Aminoglycosides market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Aminoglycosides industry landscape?
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